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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Benedict Evans‏Verified account @benedictevans Feb 12
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      Shopify did $61bn of GMV in 2019, up 49% in a year, but it's impossible for anyone to compete with Amazon.

      23 replies 92 retweets 577 likes
      Show this thread
    2. Molson Hart‏ @Molson_Hart Feb 12
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      Replying to @benedictevans @XFaure

      Shopify’s GMV is not only less than 1/5th Amazon’s, their take on that GMV is also considerably lower (less than 1/5th. Everything that can be sold on amazon can be sold on Shopify, but the opposite is not true and that Shopify operates in countries where Amazon does not.

      1 reply 0 retweets 8 likes
    3. Molson Hart‏ @Molson_Hart Feb 12
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      Replying to @Molson_Hart @benedictevans @XFaure

      So yeah maybe Shopify can compete over the long run if things massively go their way and Tobi outwits the worlds greatest ceo, but absent antitrust, they are not in a realistic position to compete.

      1 reply 0 retweets 4 likes
    4. erdle  🍍 🍍 🍍‏ @gooderdle Feb 12
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      Replying to @Molson_Hart @benedictevans @XFaure

      after the stock settles... and if they are proving to be reliably profitable... I think they go private...

      1 reply 0 retweets 1 like
    5. Molson Hart‏ @Molson_Hart Feb 12
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      Replying to @gooderdle @benedictevans @XFaure

      Then they really can't compete with Amazon. How would they get the capital to compete? Just their fulfillment effort alone (which everyone else has failed at except for Amazon) will be massively capital intensive.

      1 reply 0 retweets 5 likes
    6. erdle  🍍 🍍 🍍‏ @gooderdle Feb 12
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      Replying to @Molson_Hart @benedictevans @XFaure

      don’t really think they are or can compete... they just have their own lane... heavily dependent on payments.

      1 reply 0 retweets 2 likes
    7. Molson Hart‏ @Molson_Hart Feb 12
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      Replying to @gooderdle @benedictevans @XFaure

      Word. Amazon gets a 15% commission which they in part pay to payment processor. Shopify gets a 2.9% which they in part pay to processors. Tough spot to be in. Amazon also has a $40 monthly fee and charges ads. Good luck shop!pic.twitter.com/TIaszxQ5k9

      2 replies 0 retweets 4 likes
    8. Ben Ritchie‏ @synthapy Feb 12
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      Replying to @Molson_Hart @gooderdle and

      Can't Shopify offer their own aggregation of sold products to search across and then ads?

      1 reply 0 retweets 1 like
      Molson Hart‏ @Molson_Hart Feb 12
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      Replying to @synthapy @gooderdle and

      Good idea. They can. IIRC they toyed with this but it was not well received by their sellers? If I'm then, I'm def trying to do that somehow.

      12:38 PM - 12 Feb 2020
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      • erdle 🍍🍍🍍 Molson Hart
      1 reply 0 retweets 2 likes
        1. New conversation
        1. Ben Ritchie‏ @synthapy Feb 12
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          Replying to @Molson_Hart @gooderdle and

          Interesting. I guess vendors don't want competition but flip side is free listing and hence marketing, guess they can make it opt-in

          1 reply 0 retweets 1 like
        2. erdle  🍍 🍍 🍍‏ @gooderdle Feb 12
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          Replying to @synthapy @Molson_Hart and

          right. think it’s been a few years since they tried it.

          0 replies 0 retweets 0 likes
          3. End of conversation

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